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FY2019 Budget Infographics.

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You've lost this argument before it even began. I reject your surrender as you're not even making coherent statements. As stated... you've earned ridicule.
LOL, not really an “argument” I was talking facts you were playing apologist for Obama. You sang every verse “It ain’t his Holiness’s fault”. :ROFLMAO:
 
LOL, not really an “argument” I was talking facts

I systematically refuted your nonsense... you are simply incapable of responding in kind.

you were playing apologist for Obama. You sang every verse “It ain’t his Holiness’s fault”.

Another post lacking content. If all you come here to do is nuh uh every post you disagree with, you'll never win a single exchange of contention. Instead, you'll just squirm away under the delusion that you've made a coherent argument.

You have my permission to cower.
 
I systematically refuted your nonsense... you are simply incapable of responding in kind.



Another post lacking content. If all you come here to do is nuh uh every post you disagree with, you'll never win a single exchange of contention. Instead, you'll just squirm away under the delusion that you've made a coherent argument.

You have my permission to cower.
I don’t need your permission to do anyghing - including laugh at this desperate attempt at self justification. Maybe one of these days you’ll learn that “Nuh uh” is not a factual response.
 
I don’t need your permission to do anyghing

I've given you the chance to both support your positions and refute my statements. You've chose to ignore the function of this site in favor of partisan blabber.

including laugh at this desperate attempt at self justification.

Again... i'm not the one who can't keep up with the discussion. I'm not the run running away in fear.

Maybe one of these days you’ll learn that “Nuh uh” is not a factual response.

I've literally just refuted your comments and your very next response wasn't in any way addressing the content of my post you chose to quote. Instead you respond with this trash:

A Wall of fragmented ridiculousness, mumbo-jumbo and LW mantras.

Why quote me if you're not going to reply to me? I'm not the one refusing to communicate. You're just upset that i've refuted your nonsense and you don't have anything to respond with other than partisan vitriol. Why waste your time quoting me if you don't want to discuss the topic?
 
I've given you the chance to both support your positions and refute my statements. You've chose to ignore the function of this site in favor of partisan blabber.



Again... i'm not the one who can't keep up with the discussion. I'm not the run running away in fear.



I've literally just refuted your comments and your very next response wasn't in any way addressing the content of my post you chose to quote. Instead you respond with this trash:



Why quote me if you're not going to reply to me? I'm not the one refusing to communicate. You're just upset that i've refuted your nonsense and you don't have anything to respond with other than partisan vitriol. Why waste your time quoting me if you don't want to discuss the topic?
Keep trying, you’re still tossing out non sequiturs and stuff that doesn’t pertain to the economy Obama turned over to Trump. The exchange happened in January of 2017 and you want to go back 7-8 years. I’ve presented the facts as they were in January of 2017; the previous year unemployment had been almost stagnant and GDP growth had been anemic - to be generous. Trump whittled 1.4% off unemployment, enjoyed a 45% rise in stock markets, oversaw an eonomy creating jobs so fast it could find enough candidates, saw househole income explode and unemployment hit record lows. And you try to cling to “trends” as your sole defense. Flat unemployment as struggling economy and a mediocre stock market all faded away as Trump stepped in.
 
Keep trying, you’re still tossing out non sequiturs and stuff that doesn’t pertain to the economy Obama turned over to Trump.

This is a claim that requires some reasoning. You haven't provided anything of the sort. It's just a random guy on the internet making a claim.

the previous year unemployment had been almost stagnant and GDP growth had been anemic - to be generous.

And you refuse to acknowledge why real output growth fell in 2016. The only thing one could possibly gather from your statements is Obama did it. That's the crux of your analysis. It could possibly have anything to do with the decline in the deficit. There's no way a massive plunge in oil prices reduced aggregate output. When the Fed stopped easing credit markets, it couldn't have resulted in economic headwinds moving forward. Nope. It was Obama.

Trump whittled 1.4% off unemployment

Unemployment is 2% higher than when he entered office. 🤣

First and foremost, a POTUS sets economic policy... the American people do the heavy lifting. Unemployment was 2% higher than when he entered office. Furthermore, he left office with current employment at October 2015 levels. Although Trump didn't cause the pandemic, his policies have led the U.S. to be the epicenter of COVID-19. You can try to deny whatever it is you want, it doesn't negate the fact that America failed to properly combat the virus. We're not alone... but that's certainly not an excuse for terrible performance.

enjoyed a 45% rise in stock markets

It was 63% higher at the same time during the Obama administration. Only Obama was easily re-elected. Why do you chose to acknowledge stock market gains for Trump but are silent when it comes to Obama?

oversaw an eonomy creating jobs so fast it could find enough candidates

Jobs were growing no faster than they were during the Obama administration. This is a fact.

saw househole income explode and unemployment hit record lows.

You choose to acknowledge these two points but ignore anything else.

And you try to cling to “trends” as your sole defense.

Trend analysis is a valuable tool for understanding economic result. You have no reason to disregard the data other than it negates your premise. This entire argument of yours is complete and utter bullshit, and is easy to refute.


Flat unemployment as struggling economy

Unemployment was between 5.1% and 4.7% for 2016.

and a mediocre stock market all faded away as Trump stepped in.

😑

The stock market grew 147% during the Obama administration. You didn't know that, otherwise i wouldn't have had to point this out.
 
This is a claim that requires some reasoning. You haven't provided anything of the sort. It's just a random guy on the internet making a claim.



And you refuse to acknowledge why real output growth fell in 2016. The only thing one could possibly gather from your statements is Obama did it. That's the crux of your analysis. It could possibly have anything to do with the decline in the deficit. There's no way a massive plunge in oil prices reduced aggregate output. When the Fed stopped easing credit markets, it couldn't have resulted in economic headwinds moving forward. Nope. It was Obama.



Unemployment is 2% higher than when he entered office. 🤣

First and foremost, a POTUS sets economic policy... the American people do the heavy lifting. Unemployment was 2% higher than when he entered office. Furthermore, he left office with current employment at October 2015 levels. Although Trump didn't cause the pandemic, his policies have led the U.S. to be the epicenter of COVID-19. You can try to deny whatever it is you want, it doesn't negate the fact that America failed to properly combat the virus. We're not alone... but that's certainly not an excuse for terrible performance.



It was 63% higher at the same time during the Obama administration. Only Obama was easily re-elected. Why do you chose to acknowledge stock market gains for Trump but are silent when it comes to Obama?



Jobs were growing no faster than they were during the Obama administration. This is a fact.



You choose to acknowledge these two points but ignore anything else.



Trend analysis is a valuable tool for understanding economic result. You have no reason to disregard the data other than it negates your premise. This entire argument of yours is complete and utter bullshit, and is easy to refute.




Unemployment was between 5.1% and 4.7% for 2016.



😑

The stock market grew 147% during the Obama administration. You didn't know that, otherwise i wouldn't have had to point this out.
LOL, you keep trying to expand the discuss to the entire Obama administration. Still not the point. The state of the economy on the day Trump took over is. And throwing plates of verbal speghetti like this post isn’t going to be productive.

here’s the BLS UE figures Jan 2016 - 4.9% Dec 2016 - 4.7%
revised unemploymnent rates.png
 
I'd love to see the budget now. Just take that light blue part and make it bigger than the green one.
Excess spending has been a problem for decades.
 
Excess spending has been a problem for decades.

There is nothing wrong with a moderate deficit and national debt. The problem is when we spend too much more than we have.
 
The performance of th economy shows that to be totally untrue. You’re just spew the ridiculous lies your cult leaders taught you.
The data shows your claims to be abject nonsense. Every economic metric has remained on the same unchanging trend line from 2010 until the pandemic. There is is no debating this fact. It is objective reality
 
The data shows your claims to be abject nonsense. Every economic metric has remained on the same unchanging trend line from 2010 until the pandemic. There is is no debating this fact. It is objective reality
LOL, apparently you missed that day in Data 101. And the point that we’re NOT talking about 2010 to the present. We’re talking about the state of the economy when Trump was sworn in. I understand you Obamanatics; desperation to defend all things The Anointed One related but you’re in the weeds.
 
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There is nothing wrong with a moderate deficit and national debt. The problem is when we spend too much more than we have.
But, recording “moderate deficit” after “moderate deficit” amounts to MASSIVE debt.
 
But, recording “moderate deficit” after “moderate deficit” amounts to MASSIVE debt.

GDP is usually grow around 5% every year when you add increased wealth + population growth + inflation. That means the national debt is devaluing at about 5% every year relative to GDP. That means in a decade, the national debt is worth only 60% its previous size relative to GDP. So having a moderate deficit keeps the national debt at the same size. If we keep interest rates low, the interest on the national debt remains very low.

My suggestion is that we have a large deficit during recessions but then we eliminate it when the economy is good. However neither party has the political will for that kind of discipline.
 
The state of the economy on the day Trump took over is.

Trump took over an economy that had an unemployment rate of 4.7% with 2.5 million more jobs than the year before. To pretend that Trump took over a ravaged or slumping economy and turned it around is sheer lunacy.
 
Trump took over an economy that had an unemployment rate of 4.7% with 2.5 million more jobs than the year before. To pretend that Trump took over a ravaged or slumping economy and turned it around is sheer lunacy.
And he turned it into an economy that DROPPED that UE to 4.1% in one year and down to 3.5% before COViD He also turned in MORE jobs, MORE jobe openings, record low UE for POC and women. And he took Obama’s stock market and turned it into a sky rocket. He also increased tax revenues - even last year revenues only dropped 1% from the previous year including all the dire effects of the pandemic. Oh, and had payroll employ numbers and UE better than Obama turned in for his first five years.

Oh, and if you want to compare jobs added here’s payroll employment from BLS:

payroll employment 12-2020.png

Can you point to a month in 2016 where Obama’s numbers surpassed Trump’s? Now take a look at Nov 2020 - how deep into his term was Obama before he match the numbe Trump turned during a pandemic? Unless my old eyes fail me it was late 2015 - his next to last year.
 
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And he turned it into an economy that DROPPED that UE to 4.1% in one year and down to 3.5% before COViD

You're repeating yourself even though my responses have already addressed this Texas sharpshooter fallacy. You've had more than enough time to formulate a counter point... calling me a leftist or refusing to even acknowledge my statements isn't a credible strategy.
 
You're repeating yourself even though my responses have already addressed this Texas sharpshooter fallacy. You've had more than enough time to formulate a counter point... calling me a leftist or refusing to even acknowledge my statements isn't a credible strategy.
You don’t get to dictate the terms. I’ve provide concise data displays which counter every point you’ve made, and I’m through trying to convince a Obama worshippers.
 
look closer - it goes almost flat in 2016; less tha .2% change across the year; contrasted by .6% in 2017 under trump.
Moderator's Warning:
Please do not necro threads that have been dead for 6 months.
 
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